Tag: Yuan Based Loans
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IMF Warns Kenya Over Risks of Converting Debt to Yuan
The International Monetary Fund cautioned Kenya over the dangers of converting U.S. dollar-denominated loans to new loans priced in Chinese yuan. In October, Kenya announced that it plans to convert the remaining $3.5 billion of debt owed to the China Exim ...
An electric bus donated by the Taiwanese government drives through a neighbourhood in Asuncion, Paraguay, March 3, 2026. REUTERS/Cesar Olmedo
By Daniela Desantis and Lucinda Elliott When Paraguayan opposition lawmaker Leidy Galeano returned from an all-expenses-paid tour of six Chinese cities late last year, she was convinced Paraguay risked missing out on major economic gains by sticking with longtime ally Taiwan over Beijing - a message participants on ...
IMF Warns Kenya Over Risks of Converting Debt to Yuan
The International Monetary Fund cautioned Kenya over the dangers of converting U.S. dollar-denominated loans to new loans priced in Chinese yuan. In October, Kenya announced that it plans to convert the remaining $3.5 billion of debt owed to the China Exim ...